Stanta are proud to publish our first Net Zero/Embodied carbon report based on our current operations following a year of measuring and reporting on all our activities from offices to site and supply chain.
Stanta has set our NetZero target to remove carbon from our operations and wider business activities consistently each year until we reach a net-zero position by 2045.
Stanta also commits to an interim target of reducing scope 1 and scope 2 Greenhouse Gas (GHG) emissions by 50% by 2030, with an ambition to also reduce scope 3 emissions so that the overall reduction in GHG emissions – including scope 3 – is reduced by 40% by 2030.
These targets are consistent with a 1.5°C reduction pathway and are set in accordance with the Science-Based Targets Initiative (SBTi) guidance for SMEs.
These ambitious targets are aspirational in the medium to long term and a process of constant review of progress against targets over multiple years is required to achieve success.
The principles of the SBTi states that offsets must be excluded from emissions reduction targets. Offsetting can be used for beneficial projects such as forest management but cannot be used to comply with emission reduction targets.
The first step for Stanta in creating the decarbonisation plan and strategy has been to measure our organisation’s carbon footprint. Go Green Experts have measured the carbon footprint of Stanta‘s carbon emissions including direct and selected indirect emissions, i.e. Scope 1, Scope 2 and selected Scope 3 emissions.
This was undertaken for the 1st Jan 2022 to 31st Dec 2022 period, which is the baseline period for the organisation.
An annual carbon reduction plan then shows how we will reduce carbon emissions between the 2022 baseline period and 2045, with the plan being more detailed in nature between 2022 and the 2030 interim target.
The targets have been set using the market-based methodology of electricity carbon accounting rather than the location-based methodology. Stanta will report on both the market-based and location-based carbon footprint in future and aim to become net zero by 2045 under both measures.
The good news is that our current scope 1 numbers are very low already with a CO2/Tonne rating of 0.62 per £m turnover. The scope 2 and 3 values are higher but possible to improve significantly over the coming years.
Copies of our report are available upon request. For more infomation please contact us at head office or via fitzgerald.s@stanta.com